Click the FDR Dime to hear his 1936 remarks on Social Security
Job Markets New Normal: Smaller Workforce, Sluggish Pay
— The number of part-timers who would prefer full-time work remains high. Source: Job Markets New Normal: Smaller Workforce, Sluggish Pay – The New York Times
As Job Rate Rises, Older Workers Are Often Left Behind – NYTimes.com
As Job Rate Rises, Older Workers Are Often Left Behind – NYTimes.com.
Amid Gains in Jobs and Pay, Americans Rejoin the Work Force
Amid Gains in Jobs and Pay, Americans Rejoin the Work Force – NYTimes.com.
Our Series on the Decline of Work: An Introduction
Over the last 15 years — not to mention the last 50 — the economy has gone through booms and busts, but the long-term rise of nonemployment has outlasted every cycle. It’s a central reason that we now live in a country where most people are disappointed with the economy and with the standard of … Continue reading
The startling fact you, we and Paul Krugman didnt know about the jobs report | Making Sen$e | PBS NewsHour
“Even more shocking is that the BLS’s headline number of jobs added each month — the figure that can move markets and shape headlines — makes no distinction between full-time and part-time payroll gains. “So if you’re on for an hour,” Wolfers said, “you’re counted as having a job” in the survey of employers.We weren’t … Continue reading
A New Reason to Question the Official Unemployment Rate
A New Reason to Question the Official Unemployment Rate – NYTimes.com.
New Job Law Misses the Mark
“That means that if all the job openings were filled tomorrow, more than five million of the nation’s 9.8 million officially unemployed workers would still be out of work, as would an estimated six million nonworking people who are not included in the unemployment statistics but who most likely would be working or looking for … Continue reading
Out of Work, Out of Benefits, and Running Out of Options
“In Washington, the plight of the long-term jobless has largely faded from the policy conversation. At the moment, the federal government offers virtually no help to the 3.8 million Americans who have been out of work for more than six months” via Out of Work, Out of Benefits, and Running Out of Options – NYTimes.com.
Low-Wage Workers Find It’s Easier to Fall Into Poverty, and Harder to Get Out
Today’s low-wage workers are also more educated, with 41 percent having at least some college, up from 29 percent in 2000. “Minimum-wage and low-wage workers are older and more educated than 10 or 20 years ago, yet they’re making wages below where they were 10 or 20 years ago after inflation,” said Mr. Schmitt, senior … Continue reading
Big Business Joins Obama Effort to Aid Long-Term Unemployed
“Folks who’ve been unemployed the longest often have the toughest time getting back to work,” Mr. Obama said at the event. “It’s a cruel catch-22 — the longer you’re unemployed, the more unemployable you may seem. Now this is an illusion, but it’s one that, unfortunately, we know statistically is happening out there.” via Big … Continue reading
Unemployed Over 50: An American Crisis 